MAKE IT A CIRCULAR, THAT ANY LOAN ACCOUNT CANNOT BE OPENED WITHOUT ENTERING AADHAAR CARD AND PAN CARD NUMBER OF THE LOAN APPLICANT IN ANY BANKING CBS SOFTWARE !!!

"80% of expenses of any PSU Bank is

for paying very high salaries to the

employees of top management who are

around 20% of the total employee STRENGTH.

So many big businessmen and corporate firms took loans from so

many PSU banks jointly and acted as big defaulters; as a result, the

NPA problem is haunting the Indian economy to force the Indian

Government to implement mergers of PSU Banks at a greater LENGTH.

Loan recovery process is not satisfactory in India,

because it is a nation where Finance is

directly proportional to high level POLITICS.

When NPA provision amount is eating up a large share of net profits,

then PSU Banks must reduce expenses by keeping the top management

post till Chief General Manager (CGM) only as per simple MATHEMATICS.

Mergers of PSU banks is a good strategy or not;

only time will tell after SBI's upcoming

profitability performance STATISTICS.

To avoid NPA problems on a large scale, there should be several

checkpoints at root level itself; for example,

taking CIBIL report and No Due Certificate from

several other nearby banks about a CUSTOMER.

Make it a Circular that any loan account cannot be opened without

entering AADHAAR card and PAN card number of the loan applicant

in any Banking CBS software to have an ideal CIBIL report 
of any customer, even if he is just a poor FARMER."- Arindam Sain